Applicable Percent definition

Applicable Percent means the percentage that corresponds to a Modified Target, as identified in Exhibit A.

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Applicable Percent means the same as specified in

Applicable Percent. The percentage of Financing Securities to which Employee may be entitled under this Exhibit from time to time. Initially, the Applicable Percent shall be 8% (eight percent), but it may be adjusted downwards in accordance with the provisions of Section 2.4 of this Exhibit.

Examples of Applicable Percent in a sentence

For each calendar quarter during the term of this Agreement, Sylvan shall pay to ZapMe a cash fee equal to the Applicable Percent (as defined below) of the Net Operating Profit (as defined below) generated during such quarter by the Authorized Products and Services (as expressed on EXHIBIT A hereto) at the Eligible Schools.
Similarly, upon the issuance by any Spin-Off of any Financing Securities, Employee shall be issued, for no additional consideration, except for payment of the par value thereof, additional Spin-Off Shares of such Spin-Off in such amount resulting in an aggregate holding by Employee of Spin-Off Shares equal to the then Applicable Percent times of Financing Securities issued by such Spin-Off to its Equity Investors.
Subject to the terms and conditions set forth herein, on the Effective Date, each Lender, severally, agrees to make the Loan to be made by it to the Borrower in a dollar ($) amount equal to such Lender’s Applicable Percent of the Aggregate Commitment.
Upon adoption of the Plan and its approval by the Israeli Tax Authorities, and simultaneously with the execution of the Stock Incentive Grant Agreement, the Company shall issue to Employee such amount of Incentive Shares, representing, on the date of their issuance, the Applicable Percent of the amount of the then issued and outstanding Financing Securities.
The Applicable Percent shall initially be 35%, and for each $5 million in cumulative Profit Share Fees paid to ZapMe, so long as this Agreement is in effect, the Applicable Percent shall be reduced by 2.5% until it becomes 20%, after which it shall not be further reduced.

More Definitions of Applicable Percent

Applicable Percent means that percentage as defined in § 1924 (d)(3)(B) of the Social Security Act.

Applicable Percent means fifty percent (50%); provided, that if the Borrower shall satisfy in full the terms and conditions set forth in Section 6 of the Waiver and Seventh Amendment, "Applicable Percent" shall mean fifty-five percent (55%) unless and until the Borrower shall notify the Lender in writing that the "Applicable Percent" shall no longer be fifty-five percent (55%), in which case the Applicable Percent shall mean fifty percent (50%)."

Applicable Percent shall be eight percent (8%) per annum in calendar year 1995, nine percent (9%) per annum in calendar year 1996 and ten percent (10%) per annum in calendar year 1997 and each calendar year thereafter.

Applicable Percent is (A) fifty percent (50%) if Customer gives notice of termination prior to the Operational Date, or (B) determined as follows if Customer gives notice of termination on or after the Operational Date: Month//1// Percent ---------- ------- 0 - 12 50% 13 - 24 40% 25 - 36 30% After month 36 20%

Applicable Percent means fifteen percent (15%), provided that such percentage shall be reduced by one (1) percentage point on December 31, 2003 and on the last day of each of Borrowers’ fiscal quarters thereafter until such percentage equals ten percent (10%).

Applicable Percent means the applicable percent set forth in the table below opposite the applicable Consolidated Total Leverage Ratio: > 1.33:1.00 100 % > 1.00:1.00 but £ 1.33:1.00 50 % £ 1.00:1.00 0 %

Applicable Percent means (A) in the case of ▇▇▇▇▇▇▇, Sr. and ▇▇▇▇▇▇▇, Jr., 45.95% and (B) in the case of ▇▇▇▇▇, 8.1%.